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Cemex Ventures invests in digital solution aiming to reduce construction’s CO2 footprint

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  • Cemex Ventures invests in digital solution aiming to reduce construction’s CO2 footprint

Cemex Ventures, Cemex’s corporate venture capital (CVC) and open innovation unit, announced today its investment in Vizcab, a French startup whose digital platform enables different developers and architecture, engineering & construction (AEC) stakeholders to assess and work towards reducing CO2 emissions across the construction value chain.

Assessing and working towards reducing embodied carbon in the construction materials industry can contribute to reduce the impact of climate change in the short-term. Vizcab’s holistic solution provides a comprehensive view of a building’s carbon footprint throughout its entire lifecycle from start to endof-life – from a building’s embodied carbon to its operational carbon emissions. Vizcab’s product suite makes this complicated process simple by incorporating 5 digital services that permit manufacturers, designers, real estate developers, and builders to benchmark building materials and practices, set building sustainability strategies, automate life cycle assessments (“LCAs”) into the construction plan, measure performance to identify impactful insights, and get a full overview of real estate developers’ scope 3 emissions all while staying connected in one integrated platform.

Vizcab’s goal is to build more sustainable buildings that are able to comply with stricter environmental standards and regulations. Governments are more frequently requiring from stakeholders across the global construction value chain. Governmental regulation, such as the “RE 2020” in France, has accelerated the use of Vizcab’s platform that can make LCA and optimizations simpler and faster.

“Vizcab’s exhaustive solution enables cooperation between different stakeholders to manage carbon strategies throughout a project’s lifecycle, a critical challenge in our complex and interconnected industry. This solution also implements the use of building materials with sustainable attributes, such as Cemex’s Vertua portfolio of products,” said Gonzalo Galindo, Head of Cemex Ventures. “As Cemex’s open innovation unit, Cemex Ventures is dedicated to investing in solutions that promote construction that considers sustainability and advance the decarbonization goals of our industry, as is reflected by our Green Construction investment pillar.”

This investment strengthens Cemex’s commitment to delivering customer-centric products and services. Moreover, this strategic investment bolsters Cemex Ventures’ objective to foster the construction industry revolution by promoting the growth of digital solutions that enhance productivity and efficiency.

About Vizcab

Vizcab is a Lyon-based software platform founded in 2015 by Dr. Thomas Jusselme and Guillaume Lafont, with expertise in sustainable design. It serves real estate developers, architects, and construction engineers. Vizcab offers a data-driven solution that calculates LCA of buildings, aiding compliance with local regulations.

It also allows real estate developers to gauge their carbon performance, expedite ESG reporting, and work towards net-zero emissions. Vizcab has 120 customers (2000+ users), all over the construction value chain. It integrates with digital construction tools like Buildrz, Saqara, or Revit. Future plans include involving building material manufacturers to promote their products with sustainable attributes.

About Cemex Ventures

Launched in 2017, Cemex Ventures focuses on helping overcome the main challenges and capitalizing on the opportunity areas in the construction ecosystem through solutions that consider sustainability. Cemex Ventures has developed an open collaborative platform to lead the revolution of the construction industry, engaging startups, entrepreneurs, universities, and other stakeholders to tackle the challenges in the construction environment and shape the industry’s future. For more information on Cemex Ventures, please visit: www.cemexventures.com

About Cemex

Cemex is a global construction materials company that is building a better future through sustainable products and solutions. Cemex is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. Cemex is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the help of new technologies. Cemex offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience enabled by digital technologies. For more information, please visit: www.cemex.com

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